The Microeconomics of Depression Unemployment

19 Pages Posted: 7 Jan 2008 Last revised: 22 Jul 2023

See all articles by Robert A. Margo

Robert A. Margo

Boston University - Department of Economics; National Bureau of Economic Research (NBER)

Date Written: December 1990

Abstract

Microeconomic evidence reveals that the incidence and duration of unemployment in the 1930s varied significantly within the labor force. Long-term unemployment, which was especially high by historical standards, may have been exacerbated by federal relief policies.

Suggested Citation

Margo, Robert A., The Microeconomics of Depression Unemployment (December 1990). NBER Working Paper No. h0018, Available at SSRN: https://ssrn.com/abstract=570794

Robert A. Margo (Contact Author)

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